What is BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio?
BLACKROCK MUNIYIELD QUALITY FUND III,MYI +0.09%36 PS Ratio is 28.51 as of Jul. 02, 2026, which is 67% above its 10-year median of 17.07. GuruFocus rates MYI with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,405 Asset Management companies, BLACKROCK MUNIYIELD QUALITY FUND III, ranks worse than 84.56% on this metric.
BLACKROCK MUNIYIELD QUALITY FUND III, (NYSE:MYI) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio Related Terms
BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio Chart
For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio distribution charts can be found below:
* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio falls into.
BLACKROCK MUNIYIELD QUALITY FUND III, PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
BLACKROCK MUNIYIELD QUALITY FUND III,'s Share Price of today is $11.12.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BLACKROCK MUNIYIELD QUALITY FUND III,'s Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2026 was $0.39.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a PS Ratio of 28.51 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors. This is 67% above median its historical median of 17.07. Over the past decade, BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio has ranged from 7.77 to 53.16. According to the industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1188 out of 1405 companies in the Asset Management industry, placing it in the top 84.6%.
Is BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio too high?
BLACKROCK MUNIYIELD QUALITY FUND III,'s current PS Ratio of 28.51 is 67% above median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 7.77 to a high of 53.16. The Asset Management industry median PS Ratio is 7.36. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 28.51 is 287.4% above this industry median. Based on the distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1188 out of 1405 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BLACKROCK MUNIYIELD QUALITY FUND III, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BLACKROCK MUNIYIELD QUALITY FUND III,'s PS Ratio compare to PFLT and NIE?
According to the Asset Management industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1188 out of 1405 companies for PS Ratio. This places BLACKROCK MUNIYIELD QUALITY FUND III, in the lower half of its industry. The industry median PS Ratio is 7.36. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 28.51 is 287.4% above this benchmark. Historically, BLACKROCK MUNIYIELD QUALITY FUND III,'s own PS Ratio has ranged from 7.77 to 53.16 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 7.36, BLACKROCK MUNIYIELD QUALITY FUND III, has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.36, based on 1,405 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BLACKROCK MUNIYIELD QUALITY FUND III,'s current PS Ratio of 28.51 is 287.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLACKROCK MUNIYIELD QUALITY FUND III,'s current PS Ratio is 28.51, which is 67% above median its own 10-year median of 17.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLACKROCK MUNIYIELD QUALITY FUND III, stock overvalued right now?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a current PS Ratio of 28.51. The current PS Ratio is 28.51, which is 67% above median its 10-year median of 17.07 and 287.4% above the Asset Management industry median of 7.36. BLACKROCK MUNIYIELD QUALITY FUND III,'s overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For BLACKROCK MUNIYIELD QUALITY FUND III, (MYI), the current PS Ratio is 28.51 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BLACKROCK MUNIYIELD QUALITY FUND III, Business Description
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes, as is consistent with its investment policies and prudent investment management. The fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
36GF Score
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